Arthur D. Little Acquires Cutter Consortium and Presans

Prospera Financial Services Acquires Cutter & Company

April 8, 2025

Financial Services

Dallas-based Prospera Financial Services has acquired St. Louis-based independent broker-dealer Cutter & Company, which manages approximately $2 billion in client assets with 40 advisors and 12 employees. The acquisition closed on March 31, 2025; Cutter's leadership and staff will remain in place while the firms integrate operations, compliance and technology to support advisor growth. Terms were not disclosed.

CD&R to Acquire Majority Stake in Presidio from BC Partners

April 2, 2024

IT Services

Clayton, Dubilier & Rice (CD&R) will acquire a majority ownership position in Presidio, a leading IT services and digital solutions provider, from BC Partners, which will retain a minority stake. The transaction, which strengthens Presidio’s ability to expand its cloud, managed services and cybersecurity capabilities, is expected to close in Q2 2024; terms were not disclosed.

Accenture Acquires Anser Advisory from Sterling Investment Partners

August 7, 2023

Engineering Services

Accenture has acquired Anser Advisory to expand its capital project and infrastructure delivery capabilities in North America. Accenture will acquire the Anser Advisory brand and roughly 920 employees focused on private sector and state and local projects, while Markon Solutions (about 280 employees) — Anser's federal consulting business — was retained by seller Sterling Investment Partners; terms were not disclosed.

Arthur J. Gallagher & Co. Acquires The Presidio Group, Inc.

January 31, 2017

Insurance

Arthur J. Gallagher & Co. acquired The Presidio Group, Inc., a Salt Lake City-based retail insurance broker focused on risk management and employee benefits. Terms were not disclosed; founder John Schlichte and his associates will continue to operate under Gallagher's Western brokerage leadership as the firm expands its Western U.S. capabilities.

Addison Group Acquires ArcLight Consulting

July 4, 2022

IT Services

Addison Group has acquired ArcLight Consulting, a Burlington, Massachusetts-based provider of Oracle HCM Cloud implementation and support services. The deal expands Addison Group's technology consulting capabilities and service offerings in Oracle Cloud HCM, while ArcLight will retain its headquarters and leadership team.

Precision Roll Solutions (Guardian CP Portfolio) Acquires ARC International

December 9, 2024

Manufacturing

Precision Roll Solutions, a portfolio company of Guardian Capital Partners, acquired Charlotte-based ARC International on December 9, 2024. The add-on purchase expands PRS's engraving and manufacturing capabilities for the corrugated packaging market, increasing capacity and product offering; terms were not disclosed.